You’ve agreed to reimburse part of an employee’s broadband bill for when they work from home. HMRC’s guidance says that although it’s a business expense you must deduct PAYE tax and NI from anything
you pay. Why, and can it be avoided?
Published 24.01.2024
Your daughter has just left school and wants to take a vocational course. It will cost around £4,000. If you got your company to pay for it, will it be more tax efficient than meeting the cost from
your pocket?
Published 30.04.2024
You’ve used your personal credit card to buy items for your company. Of course, you’ll be reimbursed by the company tax and NI free, but what’s the position if your company also pays the
corresponding credit card charges?
Published 12.06.2023
A major side effect of coronavirus is that employees have been asked to work at home wherever possible. They may incur additional domestic costs as a result. From a tax perspective what does this
mean for employers and employees?
Published 02.04.2020
A director made a big credit card purchase of stock for her company as it was short of cash. It was several months before it could it pay her back. If the company pays her credit card charges can it
do so tax and NI free?
Published 05.09.2019
During the lockdown our subscriber worked from home and was often involved in long online meetings with customers and staff. To save time and allow him to have more meetings he bought in food. Can he
claim a tax deduction for the cost?
Published 08.09.2020
Naturally, you want to keep costs down and having a robust system for checking employee expense claims should be part of that regime. What are the requirements to meet HMRC’s standards?
Published 03.12.2021
If you borrow money to pay for equipment you use for your job, you may be entitled to a tax deduction for the interest you pay, but it depends on the type of borrowing. Is there a more tax and
NI-efficient way to make the purchase?
Published 16.12.2021
During the recent rail strikes several of your employees made alternative travel arrangements to commute to work. To recognise their efforts you want to reimburse their extra travel costs. How should
you account for any tax and NI on this?
Published 21.09.2022
Our subscriber recently travelled abroad on business for his company. While overseas he incurred extra mobile phone charges. Can he claim a tax deduction for them?
Published 26.10.2023